Multiple Choice
Refer to the graph shown that depicts a third-party payer market for prescription drugs. What happens to total expenditures in this market if a $2 co-pay is established compared to a free-market equilibrium?
A) Expenditures rise to $240
B) Expenditures rise to $270
C) Expenditures fall by $120
D) Expenditures remain at $120
Correct Answer:

Verified
Correct Answer:
Verified
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